News

EU Pig Prices: Quotations Developing Unsteadily

09 February 2017

EU - This week, the development of the quotations is unsteady altogether on the European slaughter pig market.

In this context, the German quotation is most eye-catching again, which had to be clearly gone back on after the preceding week of discounted prices. Every try to raise the quotation because of the scarce supply situation on the live-animals’ market has so far failed this year. Belgium and Austria both followed with reduced quotations.

The situation proves to be completely different in France: Most recently, the French quotation could be increased for the second time in a row since the live-animals’ supply is noticeably lesser than demand would require. Thus, France ranks first in the European price structure of the five EU member countries most significant in pig keeping. Spain as well has been on a positive track for two weeks now.

An overall steady situation is reported on from Denmark, the Netherlands, Ireland, and Great Britain. The Dutch quotation has closed ranks with the quotation level of the five EU member countries most significant in pig keeping. The new basis has become valid at the beginning of the year and applies free slaughterhouse and exclusive of the VAT.

Trend for the German market:

On the domestic live-animals’ market, the brisk demand for pigs for slaughter continues to be unbroken. Extended supply is not in sight with a view to the next cold snap. From today’s point of view, a steady market development appears a possible option.